$-$Project Management: Achieving Competitive Advantage, $5/$EJeffrey K$.$ PintoISBN$-10$: $013473033$ ISBN$-13$: $9780134730332$In Chapter $5$ we covered the objective of a project charter and how to develop one. The business need provides the rationale for the project, explaining why the project is undertaken which is reflected in the project charter.The project charter allows the project initiator to formally authorize the existence of a project and provides the project manager with the authority to apply organizational resources to project activitiesIt is now your turn to develop a project charter for your project. Picking up from your week's project task in week $2,$ you will act as the project manager and create a project charter. You will assign me as your project sponsor. Refer to Appendix $5\mathrm{.}1$ Sample Project Charter. You will assign me as your project sponsor. Refer to Appendix $5\mathrm{.}1$ Sample Project Charter.Project management course, my business is nail salon